What to Do When You Inherit a House in Bakersfield

1. Understand the Probate Process
Most inherited homes go through probate—a legal process that confirms the will and transfers ownership. If you're the executor, you’ll be in charge of handling the estate. If there's no will, the court will decide who inherits what. It’s wise to speak with a probate attorney to understand your role and timeline.

2. Decide What You Want to Do with the Property
You typically have three main options:

• Keep it (as a residence or rental)
• Sell it
• Transfer ownership to someone else
  Think about your long-term goals, financial situation, and whether you want the responsibility of maintaining the home.

3. Don’t Skip the Home Evaluation
Even if it looks fine on the surface, get the home professionally inspected and evaluated. An as-is sale might be tempting, but knowing the value and condition will help you price it properly—or negotiate repairs with confidence.

4. Consider Tax Implications
Inherited properties often come with a “stepped-up” tax basis, meaning capital gains are calculated based on the home’s value at the time of inheritance—not when it was originally purchased. A tax advisor can help you understand if any taxes will be due.

Not sure where to begin? I specialize in helping families navigate inherited properties in Bakersfield. Let’s talk about your options—no pressure, just guidance. 📩 Click here to contact me today.


Linda Banales, Broker Associate
CADRE: #01172638
661-303-5401
BakersfieldisHome.com
IG: @RealtorLindaBanales
Linda@BakersfieldRealEstateGroup.com
Bakersfield Real Estate Group | Watson Realty